As the interest in Bitcoin (BTC) and cryptocurrencies grows, it has also attracted hackers to this field.
According to blockchain security expert PeckShieldAlert, there will be a significant increase in hacking incidents related to cryptocurrencies in 2024.
PeckShieldAlert stated that cryptocurrency attacks increased by 15% in 2024, with Ethereum being the primary target for hackers.
In a post on its X account, blockchain security firm PeckShield reported that over $3 billion was lost due to crypto-related attacks and scams in 2024, which is a 15% increase compared to 2023. The firm also noted a 30% rise in hacking attacks compared to the previous year, with more than 300 attacks occurring.
PeckShield stated that DeFi platforms are the primary targets for hackers, and weak security practices are the main vulnerabilities. Ethereum (ETH) was the most targeted blockchain, accounting for 34.8% of the hacking incidents and 47.3% of the total losses.
“In 2024, there were over 300 crypto hacking incidents, resulting in losses exceeding $2.15 billion. While DeFi protocols remain the primary targets, hackers are increasingly focusing on vulnerable organizations and individuals, taking advantage of poor private key management and weak security practices. Ethereum suffered the most attacks, accounting for 34.8% of hacks and 47.3% of the total losses. Bitcoin also experienced attacks, partly due to its price appreciation. The Gaming industry faced a loss of $502 million, while the #layDapp industry suffered a loss of $290 million.” – PeckShieldAlert
Please note that this translation does not provide investment advice.
